My new strategy is to acquire a buy-and-hold SFH to rent out in Indy with these purchase filters:$50 -150K range Young professional neighborhoodTurnkey or only requires minor/cosmetic repairsMeets the 100:1 ruleBuilt after ~1980 (to minimize repair costs and appreciate into the future)I have $50K to available for this endeavor. 

I put reno costs at 50k but that might be low.- How accurate the rents are, I guessed low (I think)At any rate, this is as accurate as I can be.

I love purchasing rented units from owners who have rents far below market. 

I agree with @Robert Gravel, it’s unlikely for the flooring to go in without marring the walls.

For college rentals in Norman, OKC, or Edmond I factor in 8-10% vacancy as a standard, but that can be lowered using some tactics. 

From what I have seen is that their business model is to lock the deal down and then ultimately purchase your property below market value by beating you down after the inspection and with fees.

I've read elsewhere that if you're the only bidder several times and you don't meet the reserve, Auction.com may contact you to negotiate a sale below the reserve.

Don't you need to get below the frost line anyway? 

A common practice for some turnkey providers is to list a cap rate that is superior to CA returns but well below average for the area. 

If a property is priced too high and sits on the market, all the excitement is gone and it will sell below asking.